Agency
Ratification in agency law means:
ACreating an agency relationship by written contract
BA principal approving an unauthorized act performed by an agent after the fact✓ Correct
CAn agent's authority to bind the principal to contracts
DThe termination of an agency relationship by mutual consent
Explanation
Ratification occurs when a principal approves or confirms an unauthorized act that an agent performed on the principal's behalf. Once ratified, the act is treated as if it were originally authorized.
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